American Depositary Shares
E633900
American Depositary Shares are U.S.-traded equity securities that represent shares of a foreign company, allowing American investors to buy and sell interests in overseas firms on U.S. stock exchanges.
Observed surface forms (2)
| Surface form | Occurrences |
|---|---|
| American Depositary Share | 0 |
| American Depositary Receipts | 1 |
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
depositary receipt
ⓘ
financial instrument ⓘ security ⓘ |
| allows |
U.S. investors to invest in foreign companies
ⓘ
trading of foreign equities in U.S. markets ⓘ |
| facilitates |
cross-border investment
ⓘ
diversification into foreign markets ⓘ |
| hasAbbreviation | ADS NERFINISHED ⓘ |
| hasCorporateActionAgent | depositary bank ⓘ |
| hasCorporateForm | registered security ⓘ |
| hasFullName | American Depositary Share ⓘ |
| hasMarketRisk |
equity price risk of underlying shares
ⓘ
foreign exchange risk via underlying currency ⓘ |
| hasUnderlyingSecurityType |
common stock
ⓘ
preferred stock ⓘ |
| isBackedBy | underlying foreign shares ⓘ |
| isClearedThrough | U.S. clearing systems ⓘ |
| isDenominatedIn | U.S. dollar NERFINISHED ⓘ |
| isDifferentFrom | American Depositary Receipt NERFINISHED ⓘ |
| isDocumentedBy | American Depositary Receipt NERFINISHED ⓘ |
| isGovernedBy | U.S. securities laws ⓘ |
| isHeldBy |
U.S. investors
ⓘ
institutional investors ⓘ retail investors ⓘ |
| isIssuedBy | U.S. depositary bank ⓘ |
| isListedAs |
ADR program level II
ⓘ
ADR program level III ⓘ |
| isPartOf | global depositary receipt market ⓘ |
| isRecordedIn | book-entry form ⓘ |
| isRelatedTo |
Global Depositary Receipt
ⓘ
Global Depositary Share ⓘ |
| isSettledIn | U.S. dollar NERFINISHED ⓘ |
| isSubjectTo |
SEC regulation
ⓘ
corporate actions mirroring underlying shares ⓘ |
| isTradedIn | United States NERFINISHED ⓘ |
| isTradedOn |
Nasdaq
NERFINISHED
ⓘ
New York Stock Exchange NERFINISHED ⓘ U.S. stock exchange NERFINISHED ⓘ |
| isUsedBy | foreign issuers seeking access to U.S. capital markets ⓘ |
| mayConfer | voting rights via depositary bank ⓘ |
| mayHaveRatioToUnderlyingShares |
1 ADS equals multiple underlying shares
ⓘ
multiple ADSs equal one underlying share ⓘ |
| paysDividendsIn | U.S. dollar ⓘ |
| reduces |
foreign custody complexity for U.S. investors
ⓘ
need for investors to trade on foreign exchanges ⓘ |
| representsOwnershipIn |
foreign company
ⓘ
non-U.S. issuer ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
American Depositary Receipts